Euro Weekly and daily range
As per Weekly report, we have monthly support @ 1.3516 and also the Friday 5-day low pattern, which often suggests that the start of the week will move upwards during the first 2-days.
Trend guide using the Weekly level @ 1.3527.
Based on the levels in the daily range, it might not move up until the 2nd 12-hour pattern (above 1.3527) during the US timezone.
at this stage price could continue down towards the Weekly lows. (blue channels)
As per Weekly report:- don't trade longs below the Weekly level and Monday's lows
AUD Weekly and daily range
As per Weekly report I'm looking for the trend to continue upwards, as long as it is above the Weekly 50% level @ 1.0016
target is the Weekly highs over the next 2-days.
This is based on the monthly 50% level support and Friday's low pattern @ .9974/76
Trend guide @1.0011 at 11am
don't trade longs below support @ .9977
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
